The OIC Member States’ Stock Exchanges Forum was initiated with a decision taken in line with the request made by the Twentieth Session of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC) for launching a framework of cooperation among the OIC stock exchanges.

The First Forum Meeting was held in March 2005 in Istanbul by the Istanbul Stock Exchange (ISE), as mandated in the 20th meeting in November 2004 of the COMCEC, to enhance cooperation among the stock exchanges of the respective countries. The first Round-Table meeting on the promotion of cooperation among the OIC Member States’ Stock Exchanges, organised with this motivation was attended by the representatives of 11 OIC stock exchanges and the related 7 OIC institutions. The "OIC Member States’ Stock Exchanges Forum" was named at this first Round-Table meeting.

As a significant step in the progress of strengthening cooperation among the OIC stock exchanges, the formation of the OIC Member States’ Stock Exchanges Forum is an important milestone. It aims to provide a dedicated platform and communication channel for representatives of the relevant OIC organizations and institutions to discuss international cooperation activities and will offer participants the opportunity to share their experiences.

The 3rd Meeting of the OIC Member States’ Stock Exchanges Forum was organised by the Istanbul Stock Exchange and held in Istanbul on 24-25 October 2009. The Meeting was attended by representatives of 21 stock exchanges, 8 central depositories, clearing and registry institutions of the OIC Member Countries and 15 related organisations and institutions, including the SESRIC and IDB.